Shin-Etsu Chemical Co., Ltd. (OTCMKTS:SHECY - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 15th, there was short interest totalling 112,800 shares, an increase of 1,811.9% from the February 28th total of 5,900 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily trading volume, of 898,500 shares, the days-to-cover ratio is currently 0.1 days.
Shin-Etsu Chemical Price Performance
Shares of Shin-Etsu Chemical stock traded down $0.39 on Friday, hitting $14.43. The company had a trading volume of 427,417 shares, compared to its average volume of 634,220. Shin-Etsu Chemical has a twelve month low of $14.40 and a twelve month high of $23.23. The stock has a 50-day moving average of $15.36 and a 200-day moving average of $17.40. The firm has a market capitalization of $57.29 billion, a P/E ratio of 16.03 and a beta of 1.27.
Shin-Etsu Chemical (OTCMKTS:SHECY - Get Free Report) last released its earnings results on Wednesday, January 29th. The basic materials company reported $0.22 earnings per share (EPS) for the quarter. Shin-Etsu Chemical had a return on equity of 11.27% and a net margin of 21.64%. Equities analysts predict that Shin-Etsu Chemical will post 0.86 EPS for the current year.
About Shin-Etsu Chemical
(
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Shin-Etsu Chemical Co, Ltd. provides infrastructure, electronics, and functional materials in Japan. It is also involved in processing and specialized related services. The company operates through Infrastructure Materials; Electronics Materials; Functional Materials; and Processing and Specialized Services segments.
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